Selling or buying a house is a very stressful process – and things can get even more stressful if you decide to change your conveyancing solicitor. Thankfully, this process doesn’t have to be difficult if you are knowledgeable and prepared.
Here is everything you need to know about changing your conveyancing solicitor.
Think About the Costs
Some conveyancing companies work on a no-sale, no-fee basis, so if the sale hasn’t gone through you might not have to pay them anything when you switch to a new conveyancing company. However, this isn’t always the case, so you should speak to the company you are working with to find out if you will be charged for changing solicitors.
Remember that moving house can cost a lot of money, so switching could be an unnecessary extra expense. This isn’t a problem if you have a big budget, but if you have a very small budget you might want to consider speaking to your current solicitor to see if you can resolve the issues you have with them. This isn’t ideal, but it is important to stop costs spiraling if you don’t have much to spend.
Transfer as Soon as Possible
Many British people find buying a home to be complex and confusing, which is why a conveyancing solicitor can be useful. If you want to change your conveyancing solicitor at the beginning of proceedings, you shouldn’t have too many problems, but it can be harder to transfer later in the transaction. For instance, if papers have been signed, you may need to get the papers re-signed. So try to make the switch sooner rather than later!
If you want to find someone who can help you with the conveyancing process, check out https://www.samconveyancing.co.uk/login.
Remember It Might Take Some Time
Switching solicitors isn’t an overnight job. The original company that you worked with might not want to release their paperwork until they have been paid for the work they already completed, and if that is the case there isn’t much you can do (other than paying the fees).
If you pay the fees you should get the papers quickly, but this can cost quite a bit of money. So make sure you have the finances needed to switch, or the buying process could be put on hold for weeks or even months.